RALPH LAUREN CORPORATION (NYSE:RL) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
ITEM 5.02.
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DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF
DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS
OF
CERTAIN OFFICERS.
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announcement on February 2, 2017, Stefan Larsson resigned from
the Companys Board of Directors, in connection with his departure
as the Companys President and Chief Executive Officer, on May 1,
2017.
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ITEM 7.01.
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REGULATION FD DISCLOSURE.
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connection with the foregoing matters, the Company has commenced
a search for a new Chief Executive Officer. Jane Nielsen, the
Companys Chief Financial Officer, will continue to lead the
execution of the Companys Way Forward Plan until a new Chief
Executive Officer joins the Company.
not be deemed to be filed for the purposes of Section 18 of the
Securities Exchange Act of 1934, as amended (the Exchange Act),
or otherwise subject to the liability of such section, nor shall
such information be deemed incorporated by reference in any
filing under the Securities Act of 1933, as amended, or the
Exchange Act, regardless of the general incorporation language of
such filing, except as shall be expressly set forth by specific
reference in such filing.
About RALPH LAUREN CORPORATION (NYSE:RL)
Ralph Lauren Corporation is engaged in the design, marketing and distribution of lifestyle products, including apparel, accessories, home furnishings and other licensed product categories. The Company operates through three segments: Wholesale, Retail and Licensing. Wholesale business consists of sales made to department stores and specialty stores around the world. Retail business consists of sales made directly to consumers through retail channel, which includes Company’s’ retail stores, concession-based shop-within-shops and e-commerce operations around the world. Licensing business consists of royalty-based arrangements, under which the Company licenses to unrelated third parties for specified periods the right to operate retail stores and/or to use its various trademarks in connection with the manufacture and sale of designated products, such as certain apparel, eyewear, fragrances and home furnishings. RALPH LAUREN CORPORATION (NYSE:RL) Recent Trading Information
RALPH LAUREN CORPORATION (NYSE:RL) closed its last trading session up +1.77 at 82.11 with 1,599,978 shares trading hands.